The recent FTC actions against Advocare and Neora underscore how critically important it is for direct selling to avoid becoming ensnared in an FTC investigation Neora’s recent lawsuit challenging the FTC’s enforcement authority is a welcome and needed response to what appears to be increasing regulatory overreach and efforts by the FTC to improperly legislate […]
The Securities and Exchange Commission announced that Herbalife Nutrition Ltd.—a direct selling company with operations in over 90 countries— has agreed to pay $20 million to settle charges that it made false and misleading statements about its China business model in numerous U.S. regulatory filings over a six-year period. According to the SEC’s order, in […]
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported net sales of $1.2 billion for the second quarter ended June 30, 2019. Net sales decreased 3.5 percent compared to the second quarter 2018. Excluding China, net sales increased 5.4 percent compared to the second quarter 2018 with growth in eight of the company’s top ten countries. “Our […]
In conjunction with its annual meeting, the U.S. Direct Selling Association (DSA), announced top honors to the industry’s standout companies at its 2019 DSA Awards gala in Austin, Texas. In addition, the Direct Selling Education Foundation(DSEF) announced three new inductees to its prestigious Circle of Honor. DSA Awards DSA Awards recognize the outstanding programs DSA […]
Herbalife Nutrition recently announced the launch of the company’s Global Month of Purpose initiative, with hundreds of events scheduled. The initiative complements the company’s year-round program of creating opportunities for Herbalife Nutrition’s approximately 8,300 employees as well as Herbalife Nutrition independent distributors to help those in need around the world. The company has set a […]
Herbalife Nutrition Ltd. announced that effective immediately, Michael O. Johnson, the company’s executive chairman, will reassume the role of CEO. The Board of Directors of Herbalife Nutrition Ltd. Made the announcement that Johnson will serve on an interim basis following the resignation of current CEO Richard Goudis. Johnson, who led the company as its chief executive officer from 2003 to 2017, […]
Avon Products vs. Tupperware in addressing the new paradigm. Through the halfway mark in the fourth quarter, publicly traded Direct Selling stocks continued to outperform the broader market and consumer index averages so far in 2018. The Lane Research Direct Selling Index, which comprises the stocks of the six publicly traded direct selling companies we […]
Herbalife Nutrition (NYSE:HLF) recently presented a $30,000 donation to the YWCA’s Best Choice Center in Winston-Salem, North Carolina, to help replace a damaged roof. “The Best Choice Center is a key contributor to the transformative health and wellness of the community, and we are proud to be a partner in that positive change,” said Mark Evans, general manager of the Herbalife Nutrition Innovation […]
U.S public direct selling companies are enjoying a profitable year through the first nine months of 2018. Four billion-dollar companies—Herbalife Nutrition (up 11%), Nu Skin (up 23.7%), Primerica (up 13%) and USANA (up 14.9%)—are on track to surpass net sales from 2017. The other billion-dollar US company, Tupperware, is experiencing lower than usual sales for […]
Herbalife Nutrition Ltd. (NYSE: HLF) recently reported Q3 2018 net sales of $1.2 billion, an increase of 15 percent compared to Q3 2017. All regional net sales increased during the quarter, with the exception of South and Central America, Regionally, net sales were: Asia Pacific net sales were $274.3 million, an increase of 18.8 percent North […]
Herbalife Nutrition entered the $38 billion coffee industry yesterday the launch of a Mocha High Protein Iced Coffee. The company’s recent global breakfast survey of over 8,000 people revealed that in the U.S. specifically, more than 60 percent of consumers drink coffee daily. Younger coffee drinkers are driving the iced coffee category growth—in 2017, more than 50 […]
Herbalife Nutrition has been named a corporate partner for the United Nation’s Responsible Business Forum on Sustainable Development 2018. This is the third consecutive year the Los Angeles based company has supported the UN’s Sustainable Development Goals (UNSDG). Organized by Global Initiatives and the United Nations Development Programme at Marina Bay Sands in Singapore from October 11–12, the forum […]
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